Financial Sector Wrap

Markets FOXBusiness

On a trading day that saw the S&P 500 gain 0.2%, the Financial sector (XLF) showed little change.

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As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLF was up 4.4% over the last thirty trading days. The S&P 500, in comparison, went up 5.5%.

Janus Capital Group (JNS) was a major gainer in the sector, rising 10.1% (+78 cents) to close at $8.47 with 20.4 million shares moving. The stock traded in a range of $8.34 to $9.12. Shares have been on an upward trajectory over the past month, rising $1.32 (18.5%) from a price of $7.15 on July 12, 2012.

Acacia Research Corporation (ACTG) was a major loser in the sector. Its price dropped 6.1% (-$1.63) to close at $25.07, as 1.1 million shares moved. The stock traded between $24.69 and $26.65. The share price has dropped $13.41 (-34.8%) from $38.48 on July 12, 2012.

Penns Woods Bancorp (PWOD) declined 2.6% to close at $38.50, moving below its 50-day moving average of $39.34 and 200-day moving average of $38.74. AllianceBernstein (AB) rose 6.5% to close at $13.01, crossing its 50-day moving average of $12.31.

Oppenheimer Holdings (OPY) rose 4.4% to close at $14.40, approaching its 50-day moving average of $14.43. It has also moved closer to its 200-day moving average of $15.65.

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Nationstar Mortgage Holdings (NSM) hit a new 52-week high today, reaching $25.71 to top the previous high of $25.43.